Lt. Gov. Diane Denish, the sole Democrat running for governor, signaled her opposition to state-level cap-and-trade in an op-ed for the Hobbs News-Sun.
“On Thursday, March 18, it was reported that the New Mexico Environment Department is seeking to implement a New Mexico-specific greenhouse gas cap-and-trade plan,” Denish wrote. “That’s the last thing we should do. In these historically challenging times, this new regulation would put New Mexico at an economic disadvantage and put countless jobs in our state at risk.”
Hobbs is an oil-and-gas rich area of the state — and the city in which Denish grew up.
In the op-ed, Denish also said she supports “revisiting the pit rule,” an environmental rule which some say is restricting oil and gas producers from drilling in New Mexico.
“Everyone can agree that our state’s economy depends heavily on oil and gas production, so we need a balanced approach to stay competitive with our neighbors,” Denish wrote.